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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Black Innovation Alliance and Village Capital today announced Resource, a national initiative aimed at boosting the efforts of entrepreneur support organizations (ESOs) led by, and focused on, founders of color. Resource is supported by a national coalition of funders committed to supporting entrepreneurs of color.

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5 questions emerging managers should ask before selecting LPs

TechCrunch

But that image is only one part of venture capital. In order to make those investments, venture firms must first have the money, which means they’re not only just the funders, they’re fundraisers, too. The venture capital community has significant influence on what potential LPs see as great investment opportunities.

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Freightify lands $2.5M to make rate management easier for freight forwarders

TechCrunch

million in pre-Series A funding led by Nordic Eye Venture Capital, with participation from Tradeworks VC, Venture Catalysts, 9Unicorns and Blume Funders Fund. The company was founded in 2016 by Raghavendran Viswanathan, its chief executive officer. The startup announced today it has raised $2.5

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Brazil’s Monkey nabs $6M Series A for financial marketplace

TechCrunch

Quona Capital and Kinea Ventures co-led the round. The São Paulo-based startup was founded in 2016 by a trio that includes former Citi investment banker Gustavo Müller, Bruno Oliveira (who worked in strategic planning for Telefonica) and Felipe Adorno, an ex-senior developer for Netshoes and Infracommerce.

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Why Have Early Stage Valuations Remained Surprisingly High?

Angel Capital Association

Also in 2016, valuations in the $3-6 million range comprised 42% of funding, yet by 2023 that has dropped to 10%. Those micro VC funds need to be invested or they will have to return the capital, hence valuations are bid up. There may not be enough institutional memory to bring more discipline to negotiations over valuation.

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8 investors, founders and execs predict cybersecurity, fintech will take Belfast by storm

TechCrunch

The city has undergone infrastructure improvements over the past two decades, tourism has boomed thanks to attractions such as the shipyard where the RMS Titanic was built and Game of Thrones shooting locations, and employment has risen steadily in the city since 2016, according to Northen Ireland’s Department for the Economy.

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Free money for your impact tech startup

David Teten VC

Nearly every major Silicon Valley venture-capital firm has now invested in a B Corp ; maybe you will be one of them! Catalyst Fund ( Managed b y BFA , founded in 2016 with support of the Bill & Melinda Gates Foundation and JPMorgan Chase & Co ). From 100% loss capital (e.g. Congratulations! Higher Ground Labs.

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